Ashutosh Gupta tells how one can use the Fund Compare tool for comparing two different funds.
How should one compare two or more mutual funds?
-Praveen Kumar Singh
One can simply use the Fund Compare tool on Value Research Online. To access it, simply scroll down to VRO tools on the home page, click on 'more tools,' and select 'Fund compare' on the page that opens up.
Simply search and select the funds that you wish to compare. You will get multiple metrics to compare the funds in a tabular format. It will include short-term returns, long-term returns, SIP returns, risk statistics, and portfolio-related attributes.
So I suggest that you give this tool a try, and I hope you will like it.